Articles
Articles and analyses from the INET community on the key economic questions of our time.
The Big Questions Are Back
How Germany, the EU and the economics field itself suffer from myopia—and what we can do about it
America’s Rising, Invisible Debt
Edward Kane: Hidden Subsidies for Too Big to Fail Banks
An examination of some little-known ways nation states and central banks prop up megabanks
Surprise: The 1% Is Overrepresented in the Ivy League
New research shows that access to elite colleges varies by parents’ income—reinforcing inequality across generations
Jim Chanos: U.S. Economy is Worse Than You Think
The famed short-seller offers a mid-2017 reality check for “fake fiscal news,” and economic pipe dreams, and sees “portents of even worse things”
We’ll Always Need Paris
Faced with rapid cost reductions for clean electricity generation, some commentators suggest that we no longer need the Paris agreement or other policy interventions, because technology alone can solve all problems.
It’s Not Just Profit Wrecking American Healthcare
A look at America’s strange and dangerous approach to medicine, and how to fix it
The Moral Burden on Economists
A Public Comment on the SEC Pay Ratio Disclosure Rule
In this comment, we explain our objections to the SEC’s current formulation of the Pay Ratio Disclosure Rule on each of three grounds: the erroneous estimation of CEO pay; the unclear specification of the “median” worker; and the risk of normalizing a pay ratio that is far too high. Then we present the latest data on the remuneration of the 500 highest-paid CEOs in the United States, demonstrating the way in which the SEC’s measure of CEO pay that enters into the CEO-to-median-worker pay ratio tends to systematically underestimate actual executive pay.
Debating Household Debt
Experts on Trial: Introduction
Dismantling Public Education: Turning Ideology into Gold
Policies based on faith in the “market” as a principle of social organization have wrought havoc with a founding principle of American democracy